The pair BOOK OF MEME/Tether (BOME/USDT) moves from the ascending trendline downwards
A descending movement downwards to the next support line at 0.001931000 is expected.
Caution: A possible change in the direction of resistance at 0.002490000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three Black Crows’ candlestick pattern is detected. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.002593000 |
| 2nd High | 0.002551000 |
| Next High | 0.002490000 |
| Current Price | 0.001961000 |
| Next Low | 0.001931000 |
| 2nd Low | 0.001704000 |
| 3rd Low | 0.001703000 |
0.002490000 – 0.002289000 – 0.002551000 – 0.001931000 – 0.002114000 – 0.002145000 — 38.349094634776 – 36.229945212764
Trading Signals: CRYPTO – BOME – BOME/USDT – USDT – Three Black Crows – – –